Here's What's At Stake In The Activision/Microsoft Shareholder Vote This Week

gamespot.com:

It's a big week for the proposed sale of Activision Blizzard to Microsoft, as shareholders at the Call of Duty giant will vote tomorrow, April 28, about whether or not the company should sell.

But as Axios reminds us, shareholders are voting on more than just that. In addition to approving or blocking the sale to Microsoft for $75 billion, shareholders will vote on compensation packages for Activision Blizzard executives as part of so-called «golden parachute» deals.

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The vote to sell to Microsoft is expected to go through. Activision Blizzard's board of directors has already approved it, but some activist investor groups are asking shareholders to say no. Selling to Microsoft could pave the way for a massive payday, as Microsoft's proposal is $95 per share.

Currently, Activision Blizzard is trading at about $77 per share. The company's stock price took a hit this week after the company reported lower revenue, poor Call of Duty sales, and a loss of 60 million players in a year.

As for the compensation deals, Activision Blizzard's chief financial officer, chief admin officer, and head lawyer are all set to be paid millions as part of their exit package, should it be approved.

Another element at play here is Activision Blizzard CEO Bobby Kotick being lined up to receive a $22 million bonus if a board of directors committee decides Activision Blizzard has reformed its workplace culture at a suitable level. The subcommittee that